Base Power

Market Analyst

Austin, TX. Posted 23 days ago

The role

You will own P&L reporting and risk tracking across the battery fleet and retail operations. You will build pricing models, recommend hedges, and identify new market opportunities.

What you will do

  • Build a bottoms-up retail pricing model for PJM.
  • Bring PJM into the risk system and P&L reporting.
  • Identify new market opportunities with Finance, Growth and Legal & Policy teams.
  • Recommend changes to hedging strategy in ERCOT and PJM.
  • Track exposure against risk limits.

Required qualifications

  • A few years of experience in power markets, retail energy, or a related analytical field.
  • Wholesale market basics in ERCOT and PJM, including how power is bought, hedged and settled.
  • Knowledge of how retail pricing and operations work.
  • Understanding of how a retail offer makes or loses money.
  • Ability to explain the cost to supply, the margin, and the risk.
  • Knowledge of basic statistics.
  • Ability to build reports and models in Python or another language.
  • Ability to pull data with SQL.
  • Ability to work through a problem independently.

Nice to have

  • experience at a retail energy provider
  • utility supply desk
  • trading middle office

About the company

Base is America’s next-generation power company rebuilding the foundation of modern civilization by deploying a vast network of distributed batteries. The Risk & Trading team turns the grid-service capability of this fleet into revenue.